Measuring cash balance defined pension plan obligations.

• Position: FASB News - Financial Accounting Standards Board - Brief Article

At its September meeting, FASB added a project to its formal agenda that would produce an interpretation of FASB Statement No. 87, Employers' Accounting for Pensions.

FASB said that since accounting guidance doesn't specifically address the types of arrangements that exist in many "cash balance" pension plans, the project would address the measurement of obligations under such plans.

The project looks to define the characteristics of a cash balance plan, as well as provide an accounting method that can be used consistently by companies to measure pension obligations to...